Jean Stock is known in the media industry as co-founder of French leading private channel M6, his early work with RTL Radio and RTL Télé Luxembourg, his position as general secretary of the European Broadcasting Union and his time as chairman and CEO of international French-speaking channel TV5MONDE.

Sergey Pugachyov's OPK Luxadvor S.A. holding company acquired a 72% controlling stake in the channel from its founders in April 2009.

The remainder of the company was held by European media industry personalities including Jean Stock and Charles Ruppert.

In early August 2010, twenty-four of the thirty-seven employees of the TV station had been fired and all production activities had been stopped.

In mid-October 2010, Jean Stock asked the Luxembourg Commercial Court to declare DVL.TV S.A. bankrupt after rejecting a proposed rescheduling of €2.6 million of a €3.25 million loan owed to him by DVL.TV following the takeover by Pugachyov, On 29 October 2010, Jean Stock was chosen by the Luxembourg Insolvency Administrator in charge of the winding-up process of DVL.TV, as the exclusive party to become the new owner of the network,[1] after submitting the highest bid.

The company turned LUXE TV into a Pay-TV channel, and concluded major new distribution agreements in Europe and Asia.